Ethereum Co-Founder Vitalik Buterin recently addressed the Solana vs Ethereum debate, stating that Solana’s Proof of Stake (PoS) system is more centralized than Ethereum’s. Running a Solana node is more complex than operating an Ethereum node, and many community initiatives on Solana are directly supported by the Solana Foundation.
Buterin noted that Solana focuses on applications like DePIN, which is being developed with large companies to create a new internet. These applications have a lower demand for decentralization than Ethereum. For blockchains supporting 100 transactions per second (TPS), Ethereum’s Layer 1 (L1) cannot meet the demand.
Users have two options: switch to a high-performance blockchain or use Ethereum Layer 2 (L2) solutions like Arbitrum, Base, or MegaETH. Buterin highlighted that Ethereum offers a long-term commitment to decentralization, neutrality, and security. Buterin admitted that Ethereum has a track record of addressing centralization challenges, such as the Tornado Cash controversy.
He also conceded that Ethereum L1 may not be ideal for high-performance applications like gaming, emphasizing that this is why Ethereum relies on L2. Lastly, he mentioned the success of Polymarket, attributing its popularity to lower transaction fees and faster transaction confirmation speeds.
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